News

Crocodile Dundee star Paul Hogan is embroiled in a legal battle to track down his millions which were stashed in a Swiss bank account by his former tax adviser.

Former top drugs adviser to the government David Nutt has made a controversial claim that the financial crisis was caused by bankers' habitual use of cocaine, the Telegraph reports.

Artemis Investment Management has waived initial charges across its fund range, which includes high profile vehicles such as Adrian Frost and Adrian Gosden's £620m Artemis High Income fund.

The International Monetary Fund (IMF) is expected to release a gloomier picture of the world economy this week, trimming its forecast for global growth this year by 0.1%.

A former HBOS banker who signed off the firm's financial accounts in years leading up to its collapse collected £143,000 last year from life company consolidation vehicle Resolution.

Japanese equity managers are betting on the domestic consumption theme following the Bank of Japan's aggressive move earlier this month to avert deflation and stimulate the flagging economy.

Economic growth in China slowed unexpectedly in the first quarter of the year, sparking concerns about the strength of the country's recovery.

Bond managers have added to risk assets, while shorts on the yen hit a five-year high after the Bank of Japan (BoJ) announced radical monetary easing measures.

Goldman Sachs expects strong returns from equities to continue in the next three years, led by the Asia ex Japan region.

Two of the largest pharma stocks in the UK market could have 30%-50% upside from here, according to Schroder income duo Nick Kirrage and Kevin Murphy.